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Social Security's 2026 cost-of-living adjustment (COLA) may be inaccurate due to the federal hiring freeze instituted by ...
Administration commissioner Frank Bisignano defended the agency on Wednesday, citing reduced phone wait times and increased ...
The Administration came up with its 90 percent estimate by assuming all tax deductions, including the new senior deduction, are used only to reduce Social Security benefit taxes.
Instead, Social Security beneficiaries would see a cut of between 19% to 23% to their benefits, the report said. The current average Social Security benefit for a retiree stands at $1,976, ...
The Social Security Administration this week sent out an email to many Americans celebrating the passage of President Donald Trump’s domestic policy bill, and touting the measure’s tax relief ...
The President promised no taxes on Social Security. The OBBBA keeps that promise for some taxpayers. It is not, however, a blanket (or permanent) exemption.
The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.
The Social Security Administration faces a funding crisis. Trustees say the projected shortfall in retirement benefits has risen to $25.1 trillion through 2099, up from $22.6 trillion a year ago ...